Why NASDAQ:MBIN qualifies as a high growth stock.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if MERCHANTS BANCORP/IN (NASDAQ:MBIN) is suited for growth investing. Investors should of course do their own research, but we spotted MERCHANTS BANCORP/IN showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NASDAQ:MBIN highlighted

• The quarterly earnings of MERCHANTS BANCORP/IN have shown a 37.7% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• With consistent quarter-to-quarter (Q2Q) revenue growth of 33.94%, MERCHANTS BANCORP/IN exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• The 3-year EPS growth of MERCHANTS BANCORP/IN (41.43%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• The Return on Equity(ROE) of MERCHANTS BANCORP/IN is 13.72%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• MERCHANTS BANCORP/IN has achieved an impressive Relative Strength (RS) rating of 86.84, showcasing its ability to outperform the broader market. This strong performance positions MERCHANTS BANCORP/IN as an attractive stock for potential price appreciation.
• Maintaining a Debt-to-Equity ratio of 0.05, MERCHANTS BANCORP/IN demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• MERCHANTS BANCORP/IN demonstrates a balanced ownership structure, with institutional shareholders at 25.89%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

Technical analysis of NASDAQ:MBIN

At ChartMill, a crucial aspect of their analysis is the assignment of a Technical Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous technical indicators and properties.

Overall MBIN gets a technical rating of 6 out of 10. In the last year, MBIN was one of the better performers, but we do observe some doubts in the very recent evolution.

• MBIN is part of the Financial Services industry. There are 103 other stocks in this industry. MBIN outperforms 84% of them.
• The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
• Looking at the yearly performance, MBIN did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
• MBIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBIN is lagging the market.

Our latest full technical report of MBIN contains the most current technical analsysis.

What is the full fundamental picture of NASDAQ:MBIN telling us.

ChartMill assigns a Fundamental Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, MBIN scores 4 out of 10 in our fundamental rating. MBIN was compared to 103 industry peers in the Financial Services industry. Both the profitability and financial health of MBIN have multiple concerns. MBIN has a correct valuation and a medium growth rate.

Our latest full fundamental report of MBIN contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.